Matteo Mascazzini is the new CEO for the Americas at Giorgio Armani Corporation. The former Gucci executive assumes the role with immediate effect, succeeding Izumi Sasano, who returns to oversee the group’s operations in Japan.

Mascazzini boasts a 30-year career that has seen him hold leadership roles at numerous international fashion houses. After beginning his career at Versace, he consolidated his experience within the Armani Group, where for more than 15 years he held a range of senior positions, including CFO for Japan, CEO for Australia, and COO for the US. Most recently, he served as President of Gucci EMEA.

With a strong academic background in finance and business (Bocconi University and London Business School), Mascazzini is regarded as an expert in managing complex organisations and developing luxury retail on a global scale.

Last November, Giorgio Armani S.p.A. announced a new board, marking the completion of probate procedures following the death of the founding designer. The board of directors now comprises eight members, including three representatives of the Armani family.

In conjunction with the formation of the new board, the group confirmed the appointments of Pantaleo Dell’Orco as chairman and Giuseppe Marsocci as CEO and general manager of Giorgio Armani S.p.A.